As data growth continues at exponential rates and the value and sensitivity of data increases, laws around data are becoming increasingly onerous – particularly in highly regulated industries like financial services and healthcare as well as government.Meeting compliance requirements is not simply a matter of legality, however.
The result is that organisations have no idea whether the data is useful for business, whether it needs to be retained, moved, or discarded, whether it contains sensitive or personal information, and whether it adds value or risk. Insight into data is a key requirement, and organisations need a solution that provides visibility to ensure risk is reduced and mitigated.
Source: News Formal (newsformal.com)
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